IMF Managing Director warns of adverse scenario of 2.5% global growth and inflation above 5%
Norbolsa | The IMF director warns that with the conflict dragging on and oil prices heading towards $120, we are moving away from the baseline scenario—which envisaged a moderate impact on growth—towards the adverse scenario, which envisaged global growth of 2.5% and inflation above 5%. At the same forum, the chairman of Chevron warned that product supply shortages will begin to be felt, with Asian demand adjusting to lower supply.
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